Hotel News Resource
January, 4 2019
 
 
 
The Top 10 Interview Questions About Hotel Finances
 
Hospitality Financial Leadership - The Top 10 Interview Questions About The Hotel's Finances for a General Manager and the Best Answers - By David Lund
 
Interviews are tricky, for both the candidate and the interviewer. A GM’s job interview is a challenge for the incumbent because they need to be ready for just about anything. This is especially true as it relates to the financial picture of the business as seen through the interviewer’s eyes. Read More
 
U.S. Employment Trends
U.S. November Jobless Rates Down over the Year in 290 of 388 Metro Areas; Payroll Jobs Up In 54
U.S. November Jobless Rates Down over the Year in 290 of 388 Metro Areas
 
Jobless rates were lower in November than a year earlier in 290 of the 388 metropolitan areas, higher in 69, and unchanged in 29. Nonfarm payroll employment was up in 54 metropolitan areas over the year and essentially unchanged in 334. Read more
 
Market Report Chicago
HVS Market Report - Chicago Suburbs - By Meghan B. Larmore
HVS Market Report - Chicago Suburbs
 
Overshadowed by the influx of developments in Downtown Chicago, the suburban Chicago hotel market largely depends on key locations proximate to major transportation infrastructure and anchored demand generators. Read more
 
Hotel Development Maine
Westin Portland Harborview Hotel to Be Managed by Interstate
Westin Portland Harborview Hotel to Be Managed by Interstate
 
Interstate Hotels & Resorts has been selected by investment group Rockbridge to manage The Westin Portland Harborview, a historic property in Portland, Maine. Read more
 
Hotel Development Mexico
Best Western Hotels & Resorts Assumes Day-to-Day Management of the Brand in Mexico
Hotel Best Western Majestic, Mexico City
 
Best Western branded properties in Mexico will now operate in a PDR with Best Western Hotels & Resorts' South American division, bringing direct support to the 100 Best Western branded properties across Mexico, South America and Central America. Read more
 
Hotel Transaction Florida
MCR Sells the Hampton Inn & Suites St. Augustine-Vilano Beach
The Hampton Inn & Suites St. Augustine-Vilano Beach
 
Generates a 35% IRR and a 3.7X equity multiple on its 2012 investment. Read more
 
Hotel Transactions Kenucky And Indiana
Huff, Niehaus Closes Two Hotel Transactions on December 18
 
The December 18 closings include a fantastic Louisville International Airport Hotel near multiple demand generators and an owner/operator Hotel located in Indiana. Both hotels were exclusively listed by Huff, Niehaus & Associates, Inc. Read more
 
Hotel Development China
IHG Expands Franchising in China with New Signings for Crowne Plaza and Holiday Inn
IHG Expands Franchising in China with New Signings for Crowne Plaza and Holiday Inn
 
At the South China roadshow, held at InterContinental Shenzhen, IHG signed 14 new franchise properties including Crowne Plaza Chengdu Longquan Yi, Holiday Inn & Suite Chengdu Longquan Yi, Holiday Inn Daocheng Yading, Holiday Inn Qinhuangdao Haigang, Holiday Inn Suihua and nine additional Holiday Inn Express properties in cities and tourism destinations including Chengdu, Shenzhen, Foshan, Yangjiang, Jiangmen, Jinjiang, Fuxian Lake, Lishui and Nanjing. Read more
 
Hotel Transaction Florida
Gencom-led Partnership Acquires Two St. Pete Beach Resorts for $100 Million
The Beachcomber Beach Resort and Hotel
 
The Beachcomber Beach Resort and Hotel and The Grand Plaza Beach Hotel & Beach Resort were acquired at a reported purchase price of $100 million. The partnership will commit an additional $24 million for major renovations to upgrade and rebrand the two properties. Read more
 
Destination Management Consultancy Services
Art Travel Concepts in & Around Your Hotel
Art Travel Concepts in & Around Your Hotel
 
Where About Now - Travel Experiences Guided by Art offers customized destination management consultancy services for your hotel Read more
 

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In Brief...
 

Hotel Transaction Australia
Hilton Surfers Paradise in Queensland, Australia Sold

Hotel Transaction Michigan
West Bay Beach Holiday Inn Resort in Traverse City, Michigan Sold for $23.2 Million

HSMAI Adrian Awards
HEBS Digital Wins Silver Adrian Award for The Resort at Pedregalís Here Comes the Sun Campaign

Hotel Opening Abu Dhabi
Radisson Blu Opens Two New Hotels in Abu Dhabi

Hotel Opening Texas
Fairfield Inn & Suites Fort Worth Southwest at Cityview Opens

Hotel Opening India
Hyatt Centric Candolim Goa Hotel Opens

 
 
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